Bitcoin is back over $100,000, and there are signs that the global trade tensions are easing.

Bitcoin broke through the $100,000 mark for the first time since February, as expectations of easing global trade tensions boosted its value. "This clearly demonstrates the huge demand for digital assets, especially Bitcoin, in the industry," said Cosmo Jiang, an analyst at Pantera Capital. "There are more and more buyers now. We also see the advantages of digital assets: digital assets are not subject to tariffs. They also serve as a non-sovereign store of value. Digital assets will benefit in times of economic downturn."